UnitedHealth Group claims a recent ransomware attack on subsidiary Change Healthcare led to vast amounts ...
U.S. Cyber Insurance Maintains Strong Profits; Premium Growth Slows
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled...
PR / 8 days ago
More capacity available in the reinsurance market at 4/1 renewal: Gallagher Re
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
Last year’s redistribution of risk between primary and secondary markets in the property catastrophe and specialty sectors has enhanced the financial outlook for reinsurers...
PR / 19 days ago
Health and safety emerges as top risk
Health & safety emerges as the top risk for directors and officers according to WTW’s 2024 Global Directors’ and Officers’ Survey Report...
Health & safety emerges as the top risk for directors and officers according to WTW’s 2024 Global Directors’ and Officers’ Survey Report...
PR / 1 month ago
U.S. commercial insurance prices showed an aggregate increase above 6%
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
WTW’s 2023 Q4 Commercial Lines Insurance Pricing Survey again indicates moderate to significant upward price adjustments for multiple lines.
PR / 2 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 4 months ago
Challenges and Opportunities in the Commercial Insurance Marketplace: A Year in Review and the Road Ahead
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
PR / 5 months ago
London Company Market Premium Increases to £44bn
Total premium income for the London company market in 2022 was £44.071bn, a new report by the International Underwriting Association (IUA) has revealed...
Total premium income for the London company market in 2022 was £44.071bn, a new report by the International Underwriting Association (IUA) has revealed...
PR / 8 months ago
Reinsurance market sees new cadence emerge
Guy Carpenter addresses key market drivers expected to influence placement discussions ahead of January 1, 2024 renewals...
Guy Carpenter addresses key market drivers expected to influence placement discussions ahead of January 1, 2024 renewals...
PR / 8 months ago
Reinsurance market continues to recalibrate at mid-year 2023 renewals
Catastrophe bond market is experiencing record highs for issuance and total outstanding notional amount for first half of the year....
Catastrophe bond market is experiencing record highs for issuance and total outstanding notional amount for first half of the year....
PR / 10 months ago
US Cyber Insurance Sharp Price increases, Profit Improvement to Moderate
Cyber insurance is the fastest growing market segment in US property and casualty (P/C) insurance, with direct written premiums in up 51% yoy in 2022...
Cyber insurance is the fastest growing market segment in US property and casualty (P/C) insurance, with direct written premiums in up 51% yoy in 2022...
PR / 12 months ago